Share Price and Basic Stock Data
Last Updated: February 7, 2026, 7:04 pm
| PEG Ratio | 0.54 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
CEAT Ltd operates in the tyre and tube industry, with a current market capitalization of ₹15,102 Cr and a share price of ₹3,742. The company reported an impressive sales figure of ₹11,315 Cr for the year ending March 2023, which rose to ₹14,023 Cr on a trailing twelve-month basis. Over the years, CEAT’s revenue has shown a consistent upward trajectory, increasing from ₹5,464 Cr in March 2014 to ₹11,943 Cr in March 2024. The latest quarterly sales for September 2023 stood at ₹3,053 Cr, reflecting a robust growth trend compared to the ₹2,894 Cr reported in September 2022. The company’s sales figures indicate a strong demand for its products, supported by a diversified portfolio catering to various segments, including two-wheelers, passenger cars, and commercial vehicles. CEAT’s operational performance has also improved, with quarterly revenues projected to reach ₹3,773 Cr by September 2025, demonstrating resilience amidst competitive pressures in the tyre industry.
Profitability and Efficiency Metrics
CEAT Ltd’s profitability metrics indicate a steady operational performance, as evidenced by an operating profit margin (OPM) of 13% and a return on equity (ROE) of 11.8%. The company recorded a net profit of ₹494 Cr, which translates to an earnings per share (EPS) of ₹116.85 for the fiscal year ending March 2025. The OPM has shown fluctuations, with a peak of 15% in September 2023, but is expected to stabilize around 11% in the coming quarters. Furthermore, the interest coverage ratio (ICR) stood at a healthy 5.37x, indicating that CEAT can comfortably meet its interest obligations. The company’s cash conversion cycle (CCC) is notably efficient at -13 days, suggesting effective management of working capital. However, the net profit margin of 3.40% for March 2025 reflects potential pressure on margins, possibly due to rising costs or competitive pricing strategies in the tyre sector.
Balance Sheet Strength and Financial Ratios
CEAT Ltd’s balance sheet exhibits solid financial health, with total assets reported at ₹11,212 Cr as of March 2025. The company has substantial reserves amounting to ₹4,532 Cr, which provides a buffer for future investments and operational stability. Total borrowings increased to ₹3,114 Cr, indicating a leverage ratio (total debt to equity) of 0.44, which is relatively low compared to industry standards, suggesting prudent financial management. The book value per share stood at ₹1,079.98, illustrating a strong asset base for shareholders. Notably, the company’s return on capital employed (ROCE) is recorded at 15.36%, showcasing effective utilization of capital for generating profits. However, the current ratio of 0.66 and quick ratio of 0.39 signal potential liquidity concerns, as they are below the typical threshold of 1, indicating that CEAT might face challenges in meeting short-term liabilities.
Shareholding Pattern and Investor Confidence
CEAT Ltd’s shareholding structure reveals a balanced distribution among various investor categories. Promoters hold 47.21% of the total shares, which indicates strong control and commitment towards the company’s growth. Foreign institutional investors (FIIs) have reduced their stake to 16.21%, down from a high of 26.20% in June 2023, reflecting a cautious sentiment amid global market fluctuations. Domestic institutional investors (DIIs) have maintained a stable stake of 21.05%, demonstrating confidence in the company’s long-term prospects. The total number of shareholders reached 1,36,233 as of September 2025, suggesting a growing interest among retail investors. This diverse ownership structure, combined with consistent performance metrics, contributes to a stable investment environment. However, the decline in FII participation may raise questions about external confidence in CEAT’s growth trajectory.
Outlook, Risks, and Final Insight
Looking ahead, CEAT Ltd’s growth outlook remains positive, driven by increasing demand in the automotive sector and expansion into new markets. The company’s innovative product offerings and focus on sustainability could enhance its competitive edge. However, several risks loom on the horizon, including volatility in raw material prices, which could squeeze margins, and potential regulatory changes impacting the tyre industry. Additionally, the company’s liquidity ratios indicate a need for improved cash management to mitigate short-term financial pressures. If CEAT can successfully navigate these challenges while leveraging its strengths, such as a robust balance sheet and dedicated management, it could sustain its growth trajectory. Overall, while the company showcases promising fundamentals, it must remain vigilant against external market pressures and internal operational efficiencies to maintain investor confidence and market position.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Goodyear India Ltd | 1,946 Cr. | 844 | 1,071/764 | 34.3 | 249 | 2.83 % | 13.0 % | 9.31 % | 10.0 |
| TVS Srichakra Ltd | 3,197 Cr. | 4,173 | 4,788/2,430 | 131 | 1,508 | 0.40 % | 5.36 % | 2.35 % | 10.0 |
| JK Tyre & Industries Ltd | 15,609 Cr. | 541 | 556/232 | 21.4 | 182 | 0.55 % | 12.8 % | 11.1 % | 2.00 |
| CEAT Ltd | 15,874 Cr. | 3,924 | 4,438/2,322 | 25.5 | 1,130 | 0.76 % | 15.4 % | 11.8 % | 10.0 |
| Balkrishna Industries Ltd | 52,288 Cr. | 2,705 | 2,818/2,152 | 39.8 | 540 | 0.59 % | 16.7 % | 15.8 % | 2.00 |
| Industry Average | 20,156.00 Cr | 2,115.17 | 45.65 | 642.33 | 1.02% | 12.44% | 9.83% | 5.83 |
Quarterly Result
| Metric | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,727 | 2,875 | 2,935 | 3,053 | 2,963 | 2,992 | 3,193 | 3,305 | 3,300 | 3,421 | 3,529 | 3,773 | 4,157 |
| Expenses | 2,490 | 2,507 | 2,548 | 2,597 | 2,546 | 2,600 | 2,810 | 2,942 | 2,959 | 3,033 | 3,142 | 3,269 | 3,594 |
| Operating Profit | 238 | 368 | 387 | 456 | 418 | 392 | 383 | 362 | 341 | 388 | 388 | 503 | 563 |
| OPM % | 9% | 13% | 13% | 15% | 14% | 13% | 12% | 11% | 10% | 11% | 11% | 13% | 14% |
| Other Income | 2 | -6 | 3 | 10 | 3 | -55 | 14 | 3 | 3 | -33 | 1 | 4 | -52 |
| Interest | 66 | 67 | 70 | 72 | 66 | 62 | 62 | 66 | 75 | 74 | 82 | 87 | 105 |
| Depreciation | 117 | 125 | 121 | 124 | 127 | 136 | 132 | 137 | 141 | 152 | 151 | 174 | 188 |
| Profit before tax | 56 | 170 | 199 | 270 | 228 | 139 | 203 | 162 | 128 | 129 | 156 | 246 | 218 |
| Tax % | 27% | 27% | 27% | 25% | 24% | 33% | 27% | 29% | 28% | 28% | 27% | 28% | 31% |
| Net Profit | 35 | 132 | 144 | 208 | 181 | 102 | 154 | 121 | 97 | 99 | 112 | 186 | 155 |
| EPS in Rs | 8.75 | 33.05 | 35.75 | 51.42 | 44.87 | 26.84 | 38.11 | 30.13 | 24.01 | 24.60 | 27.80 | 45.97 | 38.51 |
Last Updated: February 6, 2026, 9:46 am
Below is a detailed analysis of the quarterly data for CEAT Ltd based on the most recent figures (Dec 2025) and their trends compared to the previous period:
- For Sales, as of Dec 2025, the value is 4,157.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,773.00 Cr. (Sep 2025) to 4,157.00 Cr., marking an increase of 384.00 Cr..
- For Expenses, as of Dec 2025, the value is 3,594.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,269.00 Cr. (Sep 2025) to 3,594.00 Cr., marking an increase of 325.00 Cr..
- For Operating Profit, as of Dec 2025, the value is 563.00 Cr.. The value appears strong and on an upward trend. It has increased from 503.00 Cr. (Sep 2025) to 563.00 Cr., marking an increase of 60.00 Cr..
- For OPM %, as of Dec 2025, the value is 14.00%. The value appears strong and on an upward trend. It has increased from 13.00% (Sep 2025) to 14.00%, marking an increase of 1.00%.
- For Other Income, as of Dec 2025, the value is -52.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4.00 Cr. (Sep 2025) to -52.00 Cr., marking a decrease of 56.00 Cr..
- For Interest, as of Dec 2025, the value is 105.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 87.00 Cr. (Sep 2025) to 105.00 Cr., marking an increase of 18.00 Cr..
- For Depreciation, as of Dec 2025, the value is 188.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 174.00 Cr. (Sep 2025) to 188.00 Cr., marking an increase of 14.00 Cr..
- For Profit before tax, as of Dec 2025, the value is 218.00 Cr.. The value appears to be declining and may need further review. It has decreased from 246.00 Cr. (Sep 2025) to 218.00 Cr., marking a decrease of 28.00 Cr..
- For Tax %, as of Dec 2025, the value is 31.00%. The value appears to be increasing, which may not be favorable. It has increased from 28.00% (Sep 2025) to 31.00%, marking an increase of 3.00%.
- For Net Profit, as of Dec 2025, the value is 155.00 Cr.. The value appears to be declining and may need further review. It has decreased from 186.00 Cr. (Sep 2025) to 155.00 Cr., marking a decrease of 31.00 Cr..
- For EPS in Rs, as of Dec 2025, the value is 38.51. The value appears to be declining and may need further review. It has decreased from 45.97 (Sep 2025) to 38.51, marking a decrease of 7.46.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 5:31 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,464 | 5,705 | 5,484 | 5,766 | 6,282 | 6,985 | 6,779 | 7,610 | 9,363 | 11,315 | 11,943 | 13,218 | 14,023 |
| Expenses | 4,790 | 5,013 | 4,694 | 5,096 | 5,652 | 6,332 | 6,052 | 6,617 | 8,640 | 10,341 | 10,291 | 11,742 | 12,402 |
| Operating Profit | 673 | 692 | 789 | 670 | 630 | 652 | 727 | 993 | 724 | 974 | 1,653 | 1,475 | 1,620 |
| OPM % | 12% | 12% | 14% | 12% | 10% | 9% | 11% | 13% | 8% | 9% | 14% | 11% | 12% |
| Other Income | 3 | 16 | 7 | 28 | 9 | 10 | 8 | 10 | 17 | -8 | -18 | 8 | -24 |
| Interest | 187 | 142 | 101 | 90 | 104 | 93 | 154 | 179 | 210 | 242 | 269 | 278 | 318 |
| Depreciation | 87 | 93 | 108 | 143 | 169 | 193 | 277 | 340 | 435 | 469 | 509 | 563 | 619 |
| Profit before tax | 403 | 472 | 587 | 466 | 367 | 376 | 304 | 484 | 95 | 254 | 857 | 643 | 659 |
| Tax % | 33% | 33% | 32% | 23% | 36% | 33% | 24% | 11% | 26% | 28% | 26% | 27% | |
| Net Profit | 271 | 314 | 436 | 359 | 233 | 251 | 230 | 432 | 71 | 182 | 635 | 471 | 494 |
| EPS in Rs | 75.44 | 78.41 | 108.17 | 89.28 | 58.83 | 62.35 | 57.17 | 106.81 | 17.60 | 46.02 | 158.87 | 116.85 | 122.38 |
| Dividend Payout % | 13% | 13% | 11% | 13% | 20% | 19% | 21% | 17% | 17% | 26% | 19% | 3% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 15.87% | 38.85% | -17.66% | -35.10% | 7.73% | -8.37% | 87.83% | -83.56% | 156.34% | 248.90% | -25.83% |
| Change in YoY Net Profit Growth (%) | 0.00% | 22.99% | -56.51% | -17.44% | 42.82% | -16.09% | 96.19% | -171.39% | 239.90% | 92.56% | -274.73% |
CEAT Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 14% |
| 3 Years: | 12% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 15% |
| 3 Years: | 79% |
| TTM: | -33% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 31% |
| 3 Years: | 34% |
| 1 Year: | 15% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 11% |
| 3 Years: | 12% |
| Last Year: | 12% |
Last Updated: September 5, 2025, 1:40 am
Balance Sheet
Last Updated: December 4, 2025, 1:05 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 36 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 |
| Reserves | 993 | 1,642 | 2,014 | 2,374 | 2,566 | 2,726 | 2,867 | 3,276 | 3,232 | 3,399 | 4,002 | 4,328 | 4,532 |
| Borrowings | 1,174 | 775 | 663 | 924 | 872 | 1,498 | 2,035 | 1,533 | 2,229 | 2,295 | 1,792 | 2,136 | 3,114 |
| Other Liabilities | 1,338 | 1,365 | 1,390 | 1,578 | 1,669 | 2,140 | 2,423 | 3,284 | 3,658 | 3,891 | 4,160 | 4,707 | 5,416 |
| Total Liabilities | 3,540 | 3,822 | 4,108 | 4,917 | 5,146 | 6,404 | 7,366 | 8,133 | 9,160 | 9,627 | 9,994 | 11,212 | 13,102 |
| Fixed Assets | 1,565 | 1,581 | 2,032 | 2,453 | 2,709 | 3,180 | 4,160 | 4,763 | 5,329 | 6,096 | 6,271 | 6,984 | 8,194 |
| CWIP | 82 | 229 | 299 | 326 | 310 | 833 | 1,069 | 793 | 876 | 596 | 684 | 538 | 536 |
| Investments | 0 | 312 | 195 | 232 | 214 | 181 | 184 | 210 | 179 | 170 | 182 | 190 | 176 |
| Other Assets | 1,893 | 1,700 | 1,581 | 1,907 | 1,914 | 2,210 | 1,954 | 2,367 | 2,775 | 2,765 | 2,858 | 3,501 | 4,196 |
| Total Assets | 3,540 | 3,822 | 4,108 | 4,917 | 5,146 | 6,404 | 7,366 | 8,133 | 9,160 | 9,627 | 9,994 | 11,212 | 13,102 |
Below is a detailed analysis of the balance sheet data for CEAT Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 40.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 40.00 Cr..
- For Reserves, as of Sep 2025, the value is 4,532.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,328.00 Cr. (Mar 2025) to 4,532.00 Cr., marking an increase of 204.00 Cr..
- For Borrowings, as of Sep 2025, the value is 3,114.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 2,136.00 Cr. (Mar 2025) to 3,114.00 Cr., marking an increase of 978.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 5,416.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4,707.00 Cr. (Mar 2025) to 5,416.00 Cr., marking an increase of 709.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 13,102.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 11,212.00 Cr. (Mar 2025) to 13,102.00 Cr., marking an increase of 1,890.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 8,194.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,984.00 Cr. (Mar 2025) to 8,194.00 Cr., marking an increase of 1,210.00 Cr..
- For CWIP, as of Sep 2025, the value is 536.00 Cr.. The value appears to be declining and may need further review. It has decreased from 538.00 Cr. (Mar 2025) to 536.00 Cr., marking a decrease of 2.00 Cr..
- For Investments, as of Sep 2025, the value is 176.00 Cr.. The value appears to be declining and may need further review. It has decreased from 190.00 Cr. (Mar 2025) to 176.00 Cr., marking a decrease of 14.00 Cr..
- For Other Assets, as of Sep 2025, the value is 4,196.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,501.00 Cr. (Mar 2025) to 4,196.00 Cr., marking an increase of 695.00 Cr..
- For Total Assets, as of Sep 2025, the value is 13,102.00 Cr.. The value appears strong and on an upward trend. It has increased from 11,212.00 Cr. (Mar 2025) to 13,102.00 Cr., marking an increase of 1,890.00 Cr..
Notably, the Reserves (4,532.00 Cr.) exceed the Borrowings (3,114.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 672.00 | -83.00 | 126.00 | -254.00 | -242.00 | 651.00 | 725.00 | 992.00 | 722.00 | 972.00 | 0.00 | -1.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 50 | 45 | 40 | 39 | 43 | 37 | 36 | 44 | 45 | 42 | 39 | 46 |
| Inventory Days | 77 | 70 | 76 | 101 | 75 | 88 | 88 | 97 | 79 | 56 | 61 | 63 |
| Days Payable | 71 | 68 | 75 | 81 | 83 | 92 | 111 | 157 | 131 | 112 | 123 | 122 |
| Cash Conversion Cycle | 57 | 47 | 40 | 59 | 35 | 33 | 12 | -16 | -6 | -14 | -23 | -13 |
| Working Capital Days | -19 | -7 | 11 | 21 | -9 | -11 | -27 | -41 | -41 | -49 | -51 | -49 |
| ROCE % | 30% | 26% | 27% | 19% | 15% | 13% | 10% | 14% | 6% | 9% | 20% | 15% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Mirae Asset Large & Midcap Fund | 1,521,556 | 1.33 | 580.11 | 1,546,268 | 2025-12-08 05:14:22 | -1.6% |
| Mirae Asset ELSS Tax Saver Fund | 1,134,597 | 1.59 | 432.58 | 844,258 | 2025-12-08 05:06:49 | 34.39% |
| HDFC Mid Cap Fund | 912,978 | 0.38 | 348.08 | N/A | N/A | N/A |
| Mirae Asset Midcap Fund | 865,687 | 1.79 | 330.05 | 875,363 | 2025-12-07 07:53:20 | -1.11% |
| Tata Value Fund | 438,507 | 1.85 | 167.19 | 439,018 | 2026-01-26 03:03:54 | -0.12% |
| Mirae Asset Multicap Fund | 251,944 | 2.09 | 96.06 | 136,967 | 2025-12-08 01:33:10 | 83.95% |
| Franklin India Small Cap Fund | 241,881 | 0.7 | 92.22 | 281,284 | 2025-12-15 00:18:48 | -14.01% |
| Edelweiss Mid Cap Fund | 218,091 | 0.64 | 83.9 | N/A | N/A | N/A |
| Mirae Asset Great Consumer Fund | 207,331 | 1.66 | 79.05 | 387,902 | 2025-12-07 09:46:39 | -46.55% |
| Aditya Birla Sun Life Midcap Fund | 207,229 | 1.25 | 79.01 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 116.85 | 158.87 | 46.03 | 17.60 | 106.81 |
| Diluted EPS (Rs.) | 116.85 | 158.87 | 46.03 | 17.60 | 106.81 |
| Cash EPS (Rs.) | 250.25 | 277.70 | 159.08 | 117.93 | 181.86 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 1079.98 | 1001.82 | 854.64 | 814.92 | 825.59 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 1079.98 | 1001.82 | 854.64 | 814.92 | 825.59 |
| Revenue From Operations / Share (Rs.) | 3267.70 | 2952.65 | 2797.25 | 2314.81 | 1881.24 |
| PBDIT / Share (Rs.) | 368.77 | 413.34 | 244.93 | 178.29 | 246.42 |
| PBIT / Share (Rs.) | 229.67 | 287.55 | 128.91 | 70.70 | 162.46 |
| PBT / Share (Rs.) | 153.67 | 206.65 | 60.80 | 16.35 | 110.65 |
| Net Profit / Share (Rs.) | 111.14 | 151.91 | 43.06 | 10.34 | 97.90 |
| NP After MI And SOA / Share (Rs.) | 116.85 | 158.88 | 46.02 | 17.60 | 106.81 |
| PBDIT Margin (%) | 11.28 | 13.99 | 8.75 | 7.70 | 13.09 |
| PBIT Margin (%) | 7.02 | 9.73 | 4.60 | 3.05 | 8.63 |
| PBT Margin (%) | 4.70 | 6.99 | 2.17 | 0.70 | 5.88 |
| Net Profit Margin (%) | 3.40 | 5.14 | 1.53 | 0.44 | 5.20 |
| NP After MI And SOA Margin (%) | 3.57 | 5.38 | 1.64 | 0.76 | 5.67 |
| Return on Networth / Equity (%) | 10.81 | 15.89 | 5.41 | 2.17 | 13.02 |
| Return on Capital Employeed (%) | 15.36 | 20.54 | 9.50 | 5.20 | 12.92 |
| Return On Assets (%) | 4.21 | 6.43 | 1.93 | 0.77 | 5.31 |
| Long Term Debt / Equity (X) | 0.21 | 0.23 | 0.41 | 0.52 | 0.40 |
| Total Debt / Equity (X) | 0.44 | 0.40 | 0.60 | 0.64 | 0.41 |
| Asset Turnover Ratio (%) | 1.25 | 1.22 | 1.21 | 0.00 | 0.99 |
| Current Ratio (X) | 0.66 | 0.63 | 0.64 | 0.72 | 0.73 |
| Quick Ratio (X) | 0.39 | 0.36 | 0.37 | 0.36 | 0.36 |
| Inventory Turnover Ratio (X) | 10.32 | 6.05 | 6.04 | 0.00 | 4.10 |
| Dividend Payout Ratio (NP) (%) | 25.67 | 7.55 | 6.52 | 102.26 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 11.72 | 4.21 | 1.85 | 14.37 | 0.00 |
| Earning Retention Ratio (%) | 74.33 | 92.45 | 93.48 | -2.26 | 0.00 |
| Cash Earning Retention Ratio (%) | 88.28 | 95.79 | 98.15 | 85.63 | 0.00 |
| Interest Coverage Ratio (X) | 5.37 | 6.21 | 4.09 | 3.48 | 5.68 |
| Interest Coverage Ratio (Post Tax) (X) | 2.72 | 3.50 | 1.86 | 1.26 | 3.45 |
| Enterprise Value (Cr.) | 13536.08 | 12411.06 | 7904.07 | 5853.14 | 7657.42 |
| EV / Net Operating Revenue (X) | 1.02 | 1.04 | 0.69 | 0.62 | 1.01 |
| EV / EBITDA (X) | 9.07 | 7.42 | 7.98 | 8.12 | 7.68 |
| MarketCap / Net Operating Revenue (X) | 0.88 | 0.90 | 0.51 | 0.40 | 0.82 |
| Retention Ratios (%) | 74.32 | 92.44 | 93.47 | -2.26 | 0.00 |
| Price / BV (X) | 2.67 | 2.68 | 1.71 | 1.15 | 1.90 |
| Price / Net Operating Revenue (X) | 0.88 | 0.90 | 0.51 | 0.40 | 0.82 |
| EarningsYield | 0.04 | 0.05 | 0.03 | 0.01 | 0.06 |
After reviewing the key financial ratios for CEAT Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 116.85. This value is within the healthy range. It has decreased from 158.87 (Mar 24) to 116.85, marking a decrease of 42.02.
- For Diluted EPS (Rs.), as of Mar 25, the value is 116.85. This value is within the healthy range. It has decreased from 158.87 (Mar 24) to 116.85, marking a decrease of 42.02.
- For Cash EPS (Rs.), as of Mar 25, the value is 250.25. This value is within the healthy range. It has decreased from 277.70 (Mar 24) to 250.25, marking a decrease of 27.45.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 1,079.98. It has increased from 1,001.82 (Mar 24) to 1,079.98, marking an increase of 78.16.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 1,079.98. It has increased from 1,001.82 (Mar 24) to 1,079.98, marking an increase of 78.16.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 3,267.70. It has increased from 2,952.65 (Mar 24) to 3,267.70, marking an increase of 315.05.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 368.77. This value is within the healthy range. It has decreased from 413.34 (Mar 24) to 368.77, marking a decrease of 44.57.
- For PBIT / Share (Rs.), as of Mar 25, the value is 229.67. This value is within the healthy range. It has decreased from 287.55 (Mar 24) to 229.67, marking a decrease of 57.88.
- For PBT / Share (Rs.), as of Mar 25, the value is 153.67. This value is within the healthy range. It has decreased from 206.65 (Mar 24) to 153.67, marking a decrease of 52.98.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 111.14. This value is within the healthy range. It has decreased from 151.91 (Mar 24) to 111.14, marking a decrease of 40.77.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 116.85. This value is within the healthy range. It has decreased from 158.88 (Mar 24) to 116.85, marking a decrease of 42.03.
- For PBDIT Margin (%), as of Mar 25, the value is 11.28. This value is within the healthy range. It has decreased from 13.99 (Mar 24) to 11.28, marking a decrease of 2.71.
- For PBIT Margin (%), as of Mar 25, the value is 7.02. This value is below the healthy minimum of 10. It has decreased from 9.73 (Mar 24) to 7.02, marking a decrease of 2.71.
- For PBT Margin (%), as of Mar 25, the value is 4.70. This value is below the healthy minimum of 10. It has decreased from 6.99 (Mar 24) to 4.70, marking a decrease of 2.29.
- For Net Profit Margin (%), as of Mar 25, the value is 3.40. This value is below the healthy minimum of 5. It has decreased from 5.14 (Mar 24) to 3.40, marking a decrease of 1.74.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 3.57. This value is below the healthy minimum of 8. It has decreased from 5.38 (Mar 24) to 3.57, marking a decrease of 1.81.
- For Return on Networth / Equity (%), as of Mar 25, the value is 10.81. This value is below the healthy minimum of 15. It has decreased from 15.89 (Mar 24) to 10.81, marking a decrease of 5.08.
- For Return on Capital Employeed (%), as of Mar 25, the value is 15.36. This value is within the healthy range. It has decreased from 20.54 (Mar 24) to 15.36, marking a decrease of 5.18.
- For Return On Assets (%), as of Mar 25, the value is 4.21. This value is below the healthy minimum of 5. It has decreased from 6.43 (Mar 24) to 4.21, marking a decrease of 2.22.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.21. This value is within the healthy range. It has decreased from 0.23 (Mar 24) to 0.21, marking a decrease of 0.02.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.44. This value is within the healthy range. It has increased from 0.40 (Mar 24) to 0.44, marking an increase of 0.04.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.25. It has increased from 1.22 (Mar 24) to 1.25, marking an increase of 0.03.
- For Current Ratio (X), as of Mar 25, the value is 0.66. This value is below the healthy minimum of 1.5. It has increased from 0.63 (Mar 24) to 0.66, marking an increase of 0.03.
- For Quick Ratio (X), as of Mar 25, the value is 0.39. This value is below the healthy minimum of 1. It has increased from 0.36 (Mar 24) to 0.39, marking an increase of 0.03.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 10.32. This value exceeds the healthy maximum of 8. It has increased from 6.05 (Mar 24) to 10.32, marking an increase of 4.27.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 25.67. This value is within the healthy range. It has increased from 7.55 (Mar 24) to 25.67, marking an increase of 18.12.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 11.72. This value is below the healthy minimum of 20. It has increased from 4.21 (Mar 24) to 11.72, marking an increase of 7.51.
- For Earning Retention Ratio (%), as of Mar 25, the value is 74.33. This value exceeds the healthy maximum of 70. It has decreased from 92.45 (Mar 24) to 74.33, marking a decrease of 18.12.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 88.28. This value exceeds the healthy maximum of 70. It has decreased from 95.79 (Mar 24) to 88.28, marking a decrease of 7.51.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 5.37. This value is within the healthy range. It has decreased from 6.21 (Mar 24) to 5.37, marking a decrease of 0.84.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.72. This value is below the healthy minimum of 3. It has decreased from 3.50 (Mar 24) to 2.72, marking a decrease of 0.78.
- For Enterprise Value (Cr.), as of Mar 25, the value is 13,536.08. It has increased from 12,411.06 (Mar 24) to 13,536.08, marking an increase of 1,125.02.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.02. This value is within the healthy range. It has decreased from 1.04 (Mar 24) to 1.02, marking a decrease of 0.02.
- For EV / EBITDA (X), as of Mar 25, the value is 9.07. This value is within the healthy range. It has increased from 7.42 (Mar 24) to 9.07, marking an increase of 1.65.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.88. This value is below the healthy minimum of 1. It has decreased from 0.90 (Mar 24) to 0.88, marking a decrease of 0.02.
- For Retention Ratios (%), as of Mar 25, the value is 74.32. This value exceeds the healthy maximum of 70. It has decreased from 92.44 (Mar 24) to 74.32, marking a decrease of 18.12.
- For Price / BV (X), as of Mar 25, the value is 2.67. This value is within the healthy range. It has decreased from 2.68 (Mar 24) to 2.67, marking a decrease of 0.01.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.88. This value is below the healthy minimum of 1. It has decreased from 0.90 (Mar 24) to 0.88, marking a decrease of 0.02.
- For EarningsYield, as of Mar 25, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.05 (Mar 24) to 0.04, marking a decrease of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in CEAT Ltd:
- Net Profit Margin: 3.4%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 15.36% (Industry Average ROCE: 12.44%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 10.81% (Industry Average ROE: 9.83%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 2.72
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.39
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 25.5 (Industry average Stock P/E: 45.65)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.44
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 3.4%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Tyres & Tubes | 463, Dr. Annie Besant Road, Worli, Mumbai Maharashtra 400030 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. H V Goenka | Chairman |
| Mr. Anant Vardhan Goenka | Vice Chairman |
| Mr. Arnab Banerjee | Managing Director & CEO |
| Mr. Paras K Chowdhary | Non Independent Director |
| Mr. Pierre E Cohade | Non Independent Director |
| Ms. Daisy Chittilapilly | Independent Director |
| Mr. Milind Sarwate | Independent Director |
| Ms. Sukanya Kripalu | Independent Director |
| Dr. Santrupt Misra | Independent Director |
FAQ
What is the intrinsic value of CEAT Ltd?
CEAT Ltd's intrinsic value (as of 07 February 2026) is ₹4039.42 which is 2.94% higher the current market price of ₹3,924.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹15,874 Cr. market cap, FY2025-2026 high/low of ₹4,438/2,322, reserves of ₹4,532 Cr, and liabilities of ₹13,102 Cr.
What is the Market Cap of CEAT Ltd?
The Market Cap of CEAT Ltd is 15,874 Cr..
What is the current Stock Price of CEAT Ltd as on 07 February 2026?
The current stock price of CEAT Ltd as on 07 February 2026 is ₹3,924.
What is the High / Low of CEAT Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of CEAT Ltd stocks is ₹4,438/2,322.
What is the Stock P/E of CEAT Ltd?
The Stock P/E of CEAT Ltd is 25.5.
What is the Book Value of CEAT Ltd?
The Book Value of CEAT Ltd is 1,130.
What is the Dividend Yield of CEAT Ltd?
The Dividend Yield of CEAT Ltd is 0.76 %.
What is the ROCE of CEAT Ltd?
The ROCE of CEAT Ltd is 15.4 %.
What is the ROE of CEAT Ltd?
The ROE of CEAT Ltd is 11.8 %.
What is the Face Value of CEAT Ltd?
The Face Value of CEAT Ltd is 10.0.